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BRIEFS
From Wire and Staff Reports |
RUSSIAN BUSINESSMANHELD ON DRUG CHARGESMOSCOW - A wealthy businessman with close ties to a m
Maritime
MEXICO HOPES LAWS PUT BRAKE ON THEFTS
Kevin G. Hall |
New laws that took effect recently in Mexico should make it easier to crack down on organized crime
BRIEFS
From Wire and Staff Reports |
TODD'S REVENUE JUMPS,PROFIT EDGES UPSEATTLE - Todd Shipyards Corp. posted a big gain in reve
ATA: REST AREAS KEY TO COMBATING DRIVER FATIGUE \ SURVEY FINDS SHORTAGE OF TRUCK PARK SPACES
Chris Isidore |
A key to getting tired truckers off the road is to more than double the spaces for trucks in public
CONRAIL OFFICIALS TOUT SUCCESS OF EFFORT TO IMPROVE RAIL ROUTES IN PENNSYLVANIA
Rip Watson |
While Maryland considers whether to take the plunge into a multimillion-dollar rail clearance improv
BRIEFS
From Wire and Staff Reports |
CMB SELLS SHARESIN DIAMOND OFFSHOREBRUSSELS - CMB NV of Belgium has sold most of its 7 perce
SPOT PRODUCT PRICES
JOC Staff |
May 22, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
COST OF CREDIT
JOC Staff |
Wednesday, May 22, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
OIL, GRAIN PRICES FUEL APRIL TRADE PRICE INDEXES
Tom Connors |
Energy and food prices continued to dominate the trade price picture as the Labor Department reporte
BRIEFS
From Wire and Staff Reports |
OFFICIAL CRITICIZES USON SOUTH AFRICAN AIDWASHINGTON - Amid skepticism from Democratic lawma
Maritime
COLOMBIA BACKS WIDENING DEFINITION OF LAUNDERING
Kevin G. Hall |
The U.S. government has broadened the definition of money laundering and will work with Colombia to
Maritime
BRAZIL'S UTILITY SALE LIGHTS UP NATIONAL PRIVATIZATION
Arthur Gottschalk |
The sale of Light Rio Servicos to a group of local and foreign investors Tuesday marks a turning poi
BRIEFS
From Wire and Staff Reports |
SHIPS'K' LINE REPORTSBIG PROFIT INCREASELONDON - The Japanese shipping group Kawasak
ALLIANCE WAITING TO BUY SP
Peter Tirschwell |
Montana Rail Link, the regional railroad that is offering to acquire one of Southern Pacific Lines's
BRIEFS
From Wire and Staff Reports |
HONG KONG, CHINA JOINSEARCH-RESCUE EFFORTSHONG KONG - The Hong Kong Marine Department said i
FOR LEVI, PROTECTING IMAGE IS IN THE JEANS
Bill Mongelluzzo |
To Levi Strauss & Co., being a good corporate citizen is a big deal.Whether it is operating
BALTIC FREIGHT INDEX
JOC Staff |
1395 (May 22, 1996) Previous day - 1401The Baltic International Freight Futures Market in Lo
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 22, 1996 Brent Crude Oil - (Dollars Per Barrel)
DOLLAR STRUGGLES MOST OF DAY BEFORE STAGING A SMALL RALLY
Knight-Ridder Financial |
The U.S. dollar struggled for most of the Wednesday before rebounding late in the day as a strong mo
EUROPEAN AIRLINES' ATTEMPTS TO BLOCK HANDOUT TO AIR FRANCE APPEAR DOOMED
Bruce Barnard |
A bid by European airlines to block a $1 billion state handout to Air France appears doomed, paving
PROPERTY INSURANCE CRUNCH IN FLORIDA MAY BE NEARING AN END
Robert G. Knowles |
A dramatic decrease in April in the number of new applications for property insurance received by a
MARITIME ADMINISTRATOR, MATSON CHIEF SHARE AWARD
Journal Of Commerce Staff |
The 1996 Admiral of the Ocean Sea Award will be presented by the United Seaman's Service to Vice Adm
AUTO INSURERS ARE PAYING THE COST
Kevin G. Hall |
An explosion of auto theft in Mexico has insurance companies scrambling to raise premiums, limit cov
COAST GUARD RANKS SHIP SOCIETIES ON THE BASIS OF THEIR RELIABILITY
Tim Sansbury |
The American Bureau of Shipping, Lloyd's Register, Det Norske Veritas and Nippon Kaiji Kokai are the
FINANCING TRADE - GORDON PLATT \ COUNTERTRADE GROWS IN POPULARITY WITH GLOBAL ARMS MERCHANTS
Gordon Platt |
Countertrade includes:* Barter, or the exchange of goods for goods. * Counterpurchase deals
Maritime
MITSUBISHI: HARASSMENT SUIT HAS HAD LITTLE IMPACT ON SALES
Reuters |
A big sexual harassment suit against the U.S. subsidiary of Mitsubishi Motors Corp. does not appear
Maritime
HONG KONG SET TO CHANGE ORIGIN RULES ON GARMENTS
P.T. Bangsberg |
Hong Kong is changing some definitions covering garment manufacture to make it easier for the colony
Maritime
ROUND OF PACTS TO TAKE EFFECT IN JUNE
Rip Watson |
June 1 is shaping up as the implementation date for contract agreements covering approximately one-t
TRANSPORTATION CALENDAR
JOC Staff |
S.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime tragedies. Seamen'
BARGE SPILLS DIESEL FUEL IN LOUISIANA ACCIDENT
Associated Press |
A barge crashed into a bulkhead Monday, tore up a fuel compartment and spilled about 11,000 gallons
GASOLINE PRICES
JOC Staff |
May 22, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
CHILEAN OFFICIAL DOUBTS LABOR BACKLASH ON PACT
Kevin G. Hall |
A new minimum wage pact adding $150 per month takes effect in Chile this week without the consent of
Maritime
APEC MEMBERS DRAW UP ACTION PLANS TO REMOVE TRADE, INVESTMENT BARRIERS
Rita Raagas |
All 18 members of the Asia-Pacific Economic Cooperation forum submitted action plans Wednesday inten
Maritime
CHICAGO MERC WANTS TO LIST TAIWAN INDEX
Journal Of Commerce Staff |
The Chicago Mercantile Exchange has sought regulatory approval to trade futures and futures options
Maritime
BRIEFS
From Wire and Staff Reports |
NEDLLOYD LINES POSTSLOSS IN FIRST QUARTERLONDON - Nedlloyd Lines recorded a loss of 14 milli
CHINA SLOWLY OPENING DOOR TO FOREIGN INSURANCE FIRMS
P.T. Bangsberg |
As China opens the door to its virtually untapped insurance market a crack further, several U.S. and
FORGED LETTER ADDS TO LLOYD'S INTRIGUE
HELEN R. MacLEOD |
No clues were forthcoming Wednesday in the investigation concerning forged letters sent to about 100
GROUP USES SHIP TO DELIVER FOOD TO NEEDY, RECOUP COSTS ON RETURN
Paul F. Conley |
People starve.That's a fact, a brutal truth.Lots of folks try to help. But food is expensive
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